Abstract Poor local information networks and weak social sanctions in urban settings make joint liability unable to guarantee high repayment rates to microlenders. Yet, microcredit programmes […]
Abstract This paper examines the relationship between inequality and happiness through the lens of heterogeneous values, beliefs and inclinations. Drawing upon opinion data from the European […]
Abstract The standard specification of utility functions in economic models usually neglects the effect of sociability on happiness. Our level and first difference panel estimates show […]
Abstract This paper carries out an empirical assessment of the causal nexus connecting social capital’s diverse aspects to the “quality” of economic development in Italy. The […]
Abstract Is cooperative action modern or old fashioned? Why should policymakers pursue it in development strategies? In what way are cooperatives different in terms of economic […]